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Today we can observe an increasing spatial divide as some large urban regions and many more medium-sized and small regions face growing problems such as decreasing labour demand, increasing unemployment and an ageing population. In view of these trends, this book offers a better understanding of the general characteristics and specific drivers of the geographies of growth. It shows how these may vary in different spatial contexts, how hurdles and barriers to growth in different types of regions can be dealt with, how and to what extent resources in different areas can develop, and how the potential of these resources to stimulate growth can be realized. Learn More

In recent years many new international market leaders from the BRICS countries have emerged in several manufacturing and service industries. This important study answers a number of crucial questions including, how did these companies rise up to become important players in their respective industries? What is the contribution of systemic and country specific factors? What is the role of internal firm factors in enabling these companies to become market leaders? The book presents evidence from companies in the automotive, pharmaceutical and ICT industries of China, India and Brazil. Learn More

Capitalism has been sustained by inherited moral values that are now all but exhausted. A unique combination of a new belief in individualism and a long tradition of property rights had traditionally ensured that self-interested action also produced public benefit. However, these rights, including the laws underwriting economic and financial innovation and parliamentary democracy, were gradually captured and shaped by those who could benefit most from them. This fascinating book shows that the outcome is a reduced ability to generate real wealth combined with exceptional inequality, as well as a worldwide breach of the vital trust between voters and their representatives. Capitalism’s injuries are both self-inflicted and fatal. Learn More

The aim of this Handbook is to take stock of regional competitiveness and complementary concepts as a means of presenting a state-of-the-art discussion of the contemporary theories, perspectives and empirical explanations that help make sense of the determinants of uneven development across regions. Drawing on an international field of leading scholars, the book is assembled and organized so that readers can first learn about the theoretical underpinnings of regional competitiveness and development theory, before moving on to deeper discussions of key factors and principal elements, the emergence of allied concepts, empirical applications, and the policy context. Learn More

Although in recent years some emerging economies have improved their performance in terms of R&D investment, outputs and innovative capacity, these countries are still blighted by extreme poverty, inequality and social exclusion. Hence, emerging countries are exposed to conditions which differ quite substantially from the dominant OECD model of innovation policy for development and welfare. This Research Handbook contributes to the debate by looking at how innovation theory, policy and practice interact, and explains different types of configurations in countries that are characterized by two contrasting but mutually reinforcing features: systemic failure and resourcefulness. Focusing on innovation governance and public policies, it aims to understand related governance failures and to explore options for alternative, more efficient approaches. Learn More

The rise and expansion of organized scientific research has led individuals to become accustomed to an unceasing delivery of new scientific results and technical improvements that resolve even seemingly unsolvable problems. This timely book examines how science-based research and innovation is designed, implemented and applied in developing countries in support of development and poverty alleviation. The expert contributors trace and compare the emergence of national innovation systems (NIS) in four developing countries – Bolivia, Mozambique, Tanzania and Vietnam. Dedicated chapters on each country identify the main structural and organizational problems for improving the relevance and quality of research output for the productive sector, and conclude by offering suggestions on how the process of applying research outputs and innovations in support of development goals can be improved. Learn More

Economics of Research and Development is a collection of the major readings in the development of this topic, from its origins in the work of Kenneth Arrow, Robert Solow, and Zvi Griliches to present day concerns with the financing of R&D and measurement of its returns. Topics covered include historical perspectives, market structure and the various ways R&D is conducted, the role of venture capital and government incentives, the measurement of R&D returns including spillovers to other firms or countries and the contribution of R&D to economic growth. The volume serves as an invaluable reference for those who would like to have the seminal papers on R&D collected in a single source. Learn More

This book elaborates upon the dynamic changes to Korean firms and the economy from the perspective of catch-up theory. The central premise of the book is that a latecomer’s sustained catch-up is not possible by simply following the path of the forerunners but by creating a new path or ‘leapfrogging’. In this sense, the idea of catch-up distinguishes itself from traditional views that focus on the role of the market or the state in development. Learn More

Innovation underpins competitiveness, is crucial to addressing societal challenges, and its support has become a major public policy goal. But what really works in innovation policy, and why? This Handbook, compiled by leading experts in the field, is the first comprehensive guide to understanding the logic and effects of innovation polices. The Handbook develops a conceptualisation and typology of innovation policies, presents meta-evaluations for 16 key innovation policy instruments and analyses evidence on policy-mix. For each policy instrument, underlying rationales and examples are presented, along with a critical analysis of the available impact evidence. Providing access to primary sources of impact analysis, the book offers an insightful assessment of innovation policy practice and its evaluation. Learn More

This timely volume explores the emerging field of the economics of creative industries. Professor Potts has selected key papers, authored by leading scholars, which cover the evolution and development of this new subject of study. Topics addressed include: the economic theory foundations, creative economic agents, contracts and organizations, creative industries dynamics and innovation, creative cities and clusters, as well as digital new media and intellectual property. With an original introduction by the author, this in-depth and considered collection will be an invaluable source of reference for academics, scholars and practitioners. Learn More

This comprehensive single volume includes seminal articles written by eminent scholars that study the role of standards in the competitive process, the diffusion of standards throughout industry and the role of the public sector in support of standards development. With an original introduction by the editor, this volume is an excellent source of reference and provides an invaluable foundation for students and researchers interested in standards. Learn More

This book investigates the ongoing liberalization of the European defence market and explores how companies can respond to these changes by adjusting their innovation and internationalization strategies. Traditionally, the EU defence sector has been fragmented into several weakly integrated and highly protected domestic markets which often leads to the duplication of innovative efforts, rising production costs and an overall lack of competitiveness. Using a variety of methods including case studies, econometric analyses and agent-based modelling, the authors reveal that liberalization will provide new and relevant opportunities for European defence companies. However, any potential benefits will only be realized if private firms perceive that a full and well-coordinated implementation process is in place. Learn More

Service innovation is a young but prolific research field, with a rapidly increasing number of publications being dedicated to the area. This new title provides a collection of the most significant articles that have helped build and develop this subject from a theoretical, empirical and methodological perspective. Together with an original introduction by the editors, the 43 seminal papers in this book address the key focuses of the subject, including the theories, nature and measurement of innovation in services, and other concerns, such as the role of knowledge intensive business services (KIBS) in client innovation. Learn More

Several attempts have been made since the 1970s to collect key scholarly papers and document the progress of the field of innovation studies. The collection of papers included in this new title, most of which were published after the turn of the millennium, stands on the shoulders of these earlier volumes and seeks to provide a broad overview of recent progress in research on innovation and economic change. In their choice of papers, the editors address the characteristics of the field of innovation studies and its relationship to other areas of (social) science: innovation in firms; factors influencing firms’ innovation performance; innovation systems; innovation and economic “catch-up” and, finally, policy issues for innovation. Learn More

Innovation and entrepreneurship are the prime drivers in the global economy. This scholarly book identifies some of the key forces behind innovation and entrepreneurship at the same time as it closes the gap between science and technology R&D, innovation, entrepreneurship, productivity growth, and internationalization. The expert contributions explore the underlying forces and add substantial theoretical and empirical knowledge to the current state-of-the-art in several research fields including the economics of innovation and entrepreneurship, regional economics, economic geography and international economics. Learn More

This book provides readers with an in-depth understanding of the many ways in which universities contribute to economic development and growth. It demonstrates the causal interactions between universities’ activities and economic outcomes, and presents up-to-date quantitative and qualitative data in support. The authors present the theoretical tools and evidence to explain the manner and degree to which universities’ activities impact the economy, as well as analysing the comparative strengths and weaknesses of specific university systems. Learn More

Innovation under Uncertainty presents original research and insights on innovation in carbon-free energy technologies. Valentina Bosetti and Michela Catenacci provide a complete and informative assessment of the current potentials and limits and offer a detailed analysis of what could, or should, be the drivers to support their success and large-scale diffusion. The results provided in this book offer important and concrete insights and recommendations concerning the development and the deployment of more efficient generation technologies, the demand for which will undoubtedly increase alongside the growing concern for environmental issues and global warming. Learn More

Interactions between firms and universities are key building blocks of innovation systems. This book focuses on those interactions in developing countries, presenting studies based on fresh empirical material prepared by research teams in 12 countries from three continents. The result is a more universal and dynamic view of the shaping and reshaping of interactions between firms and universities throughout different countries and phases of development. There are dimensions of those interactions that cannot be seen in the US, Europe or Japan. There are aspects and features of interactions that cannot be seen when we investigate Uganda, China or Mexico alone. In a time of increasing internationalization, interactions between firms and universities must be investigated tracking their international linkages. Professor Richard Nelson (Columbia University) writes in his preface: "The studies reported in this book are among the first to be directed to what is going on in developing countries". Learn More

This book focuses on Public Procurement for Innovation. Public Procurement for Innovation is a specific demand-side innovation policy instrument. It occurs when a public organization places an order for a new or improved product to fulfil certain needs that cannot be met at the moment of the order. The book provides evidence of the potential benefits to public and private actors from the selective use of this policy instrument and illustrates the requirements and constraints for its operationalization. The book intends to significantly improve the understanding of key determinants of effective public procurement aiming to promote innovative capabilities in the supplying sectors and beyond. It provides both case studies and conceptual contributions that help extend the frontier of our understanding in areas where there are still significant gaps. Learn More

Common innovation is the contribution of ordinary people to innovation and the wealth of nations. Innovation and wealth creation are not merely the monopoly of business. While Schumpeter described business innovation as a, ‘perennial gale of creative destruction’, common innovation is more a, ‘gentle and benign breeze’. This book analyses some illustrations of the destructive side of business innovation, and provides numerous examples of the ‘benign breeze’ of common innovation. It builds on the pioneering work of von Hippel, but takes that a step further. In common innovation, the ordinary citizen is centre stage and business can be quite peripheral Learn More